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Respiratory Care Devices Market Industry size, Outlook, Growth, Opportunity and Forecast 2024

The use of respiratory care devices is expected to increase in the near future, owing to the spiraling rise in prevalence of chronic respiratory diseases, such as COPD and asthma. North America dominates the global respiratory care devices market, and is expected to maintain its lead throughout the forecast period, owing to the high adoption rate of respiratory devices

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Respiratory Care Devices Market Industry size, Outlook, Growth, Opportunity and Forecast 2024

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Respiratory Care Devices Market Industry size, Outlook, Growth, Opportunity and Forecast 2022 Global Opportunity Analysis and Industry Forecast, 2016-2023

  2. RESPIRATORY CARE DEVICES MARKET Global Respiratory Care Devices Market was valued at $12,890 million in 2015, and is poised to reach $21,300 million by 2022, registering an estimated of CAGR 7.4% during the forecast period. Respiratory care devices are used for diagnosis, monitoring, and treatment of respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, tuberculosis, and pneumonia. These devices provide enhanced care to patients suffering from such acute and chronic respiratory diseases. The report analyzes the respiratory care devices market on the basis of product type, end user, and geography.

  3. RESPIRATORY CARE DEVICES MARKET Respiratory care is a healthcare specialty, which is focused on improving cardiopulmonary functions and promoting health & wellness. These devices are majorly classified into therapeutic, diagnostic & monitoring devices, and consumables & accessories. These devices are used to deal with medical conditions such as asthma, chronic obstructive pulmonary disease (COPD), and other acute & chronic respiratory diseases. Respiratory care devices are used in hospitals and homecare settings. The market for respiratory care devices have experienced a paradigm shift from stationary to portable devices. Increased adoption of portable devices has been a significant trend in the industry. The global respiratory care devices market is driven by factors such as increase in prevalence of respiratory diseases, rapid urbanization, rise in pollution level, growth in geriatric population, and increase in tobacco consumption worldwide. In addition, governmental support has fueled the market growth. Moreover, high demand for therapeutic devices in homecare settings and increased healthcare spending are anticipated to provide lucrative opportunity for the market players. However, large pool of undiagnosed population and risks associated with certain therapeutic devices for neonates hamper for the growth of the respiratory care devices market.

  4. RESPIRATORY CARE DEVICES MARKET • Key Findings of Respiratory Care Devices Market • The consumables and accessories segment is projected to grow at the fastest rate during the forecast period. • North America held a dominant position in the regional landscape in 2015, occupying a share of nearly half of the total market. • In 2015, the therapeutics segment accounted for a share of the more than half of the total respiratory care devices market. • The monitoring and diagnostic devices segment collectively accounted for a share of one sixth of the global respiratory care devices market in 2015. Download Free Sample Report: https://www.alliedmarketresearch.com/request-sample/1908

  5. RESPIRATORY CARE DEVICES MARKET Respiratory Care Devices Market Key Segments The global respiratory care devices market is segmented based on product, end user, and geography. By Product • Therapeutic Devices • Positive Airway Pressure (PAP) Devices • Masks • Ventilators • Nebulizers • Humidifiers • Oxygen Concentrators • Consumables and Accessories Disposable Resuscitators • Tracheostomy Tubes • Nasal Cannulas • Disposable Masks • Other Consumables and Accessories • Monitoring Devices • Pulse Oximeters • Diagnostic Devices

  6. RESPIRATORY CARE DEVICES MARKET • By Region • North America • Europe • Asia-Pacific • LAMEA

  7. RESPIRATORY CARE DEVICES MARKET In 2015, North America accounted for nearly half of the global market, owing to the high prevalence of various respiratory diseases in the region. Europe holds the second position in the respiratory care devices market, accounting for two seventh share in 2015. The major companies profiled in the report include Koninklijke Philips N.V., Hamilton Medical AG, Fisher & Paykel Healthcare Limited, ResMed, Inc., Invacare Corporation, Chart Industries Inc., Drger Safety AG & Co. KGaA, Becton, Dickinson and Company, Masimo Corporation, and Medtronic plc. Enquiry and Purchase Report: https://www.alliedmarketresearch.com/purchase-enquiry/1908

  8. RESPIRATORY CARE DEVICES MARKET Contact: Shriram Dighe 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: +1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1⟨855⟩550-5975help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com

  9. RESPIRATORY CARE DEVICES MARKET Thank You! For More Details Visit us at https://www.alliedmarketresearch.com Follow Us On

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